Gibbs Wealth Management Purchases 43,295 Shares of Netflix, Inc. $NFLX

Gibbs Wealth Management grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 313.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 57,128 shares of the Internet television network’s stock after acquiring an additional 43,295 shares during the period. Gibbs Wealth Management’s holdings in Netflix were worth $5,493,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. First Financial Corp IN increased its stake in Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 243 shares during the period. DiNuzzo Private Wealth Inc. raised its holdings in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. lifted its position in shares of Netflix by 13,400.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 268 shares during the period. Imprint Wealth LLC acquired a new stake in shares of Netflix during the 3rd quarter worth $25,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Netflix during the 4th quarter worth $26,000. 80.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on NFLX. Sanford C. Bernstein set a $95.00 price target on Netflix and gave the company an “outperform” rating in a research note on Friday, July 17th. DZ Bank reissued a “buy” rating on shares of Netflix in a report on Friday, April 17th. Raymond James Financial restated a “market perform” rating on shares of Netflix in a research report on Thursday, May 14th. Rosenblatt Securities set a $75.00 price target on shares of Netflix and gave the stock a “neutral” rating in a report on Friday, July 17th. Finally, BMO Capital Markets downgraded shares of Netflix from an “outperform” rating to a “market perform” rating in a report on Monday. Four analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $103.48.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Multiple analysts and commentators argue the post-earnings pullback has made Netflix look like a value opportunity, pointing to continued profitable growth, strong margins, and a cheaper valuation after the sell-off. Netflix (NFLX) Stock Has Become a Value Play Post Q2
• Positive Sentiment: Netflix’s latest debt refinancing move, issuing $1 billion in senior notes, may support liquidity and balance-sheet management rather than signal distress. Netflix Issues $1 Billion Senior Notes to Refinance Debt
• Positive Sentiment: Some coverage says the company’s old catalog remains a secret weapon, suggesting engagement from legacy hits can offset worries about the pace of new blockbuster releases. Wall Street is worried about Netflix’s new shows. Its old ones are its secret weapon.
• Neutral Sentiment: Industry M&A chatter around Netflix and Lionsgate reflects a broader shift toward digital distribution power, but the article frames it more as a sector trend than a confirmed deal catalyst. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (NFLX)
• Neutral Sentiment: Other commentary remains mixed, with some analysts saying Netflix is still exposed to a “microdrama” content challenge and others urging investors to hold rather than buy aggressively, reinforcing the uncertainty around near-term sentiment. Netflix: The Microdrama Challenge And The Case To Stay Neutral
• Negative Sentiment: Investors remain concerned that Netflix may be struggling to create the next wave of big hits, which could limit subscriber and engagement momentum if new originals fail to break out. Wall Street is worried about Netflix’s new shows. Its old ones are its secret weapon.
• Negative Sentiment: Broader streaming competition is intensifying, highlighted by Comcast’s Peacock turning profitable, which underscores that rivals are becoming more efficient and could pressure Netflix’s growth narrative. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost

Insider Buying and Selling

In related news, Director Bradford L. Smith sold 35,990 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the sale, the director owned 79,690 shares in the company, valued at $6,177,568.80. This represents a 31.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. This trade represents a 8.75% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 899,839 shares of company stock valued at $80,141,661 over the last 90 days. 1.24% of the stock is currently owned by corporate insiders.

Netflix Trading Up 0.5%

NFLX opened at $68.89 on Friday. Netflix, Inc. has a fifty-two week low of $65.08 and a fifty-two week high of $126.71. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.41. The firm has a market capitalization of $286.85 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 0.86 and a beta of 1.52. The company’s 50 day moving average price is $78.67 and its two-hundred day moving average price is $86.16.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.72 earnings per share. As a group, research analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current year.

About Netflix

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.